Norway vs Sweden: Adjusted savings: carbon dioxide damage

Norway
1.59 billion current US$
in 2021
Sweden
1.46 billion current US$
in 2021
Norway rank
67th
Sweden rank
70th

Adjusted savings: carbon dioxide damage over time

  • Norway
  • Sweden
250.0M500.0M750.0M1.0B1.2B1.5B199020052021

How they compare

Norway currently reports 1.59 billion current US$ against 1.46 billion current US$ in Sweden, a difference of 123.20 million current US$.

That makes Norway's figure about 1.1 times Sweden's.

The two have swapped places 3 times across 32 shared years of data; in 1990 it was Sweden ahead.

Norway ranks 67th and Sweden ranks 70th of 209 countries.

Across the 4 decades both report, Norway averaged higher in 1 and Sweden in 3.

Head to head by decade

Decade Norway Sweden Difference Ahead
1990s 510.32 million current US$ 861.90 million current US$ 351.58 million current US$ Sweden
2000s 836.12 million current US$ 1.14 billion current US$ 308.17 million current US$ Sweden
2010s 1.33 billion current US$ 1.37 billion current US$ 39.76 million current US$ Sweden
2020s 1.53 billion current US$ 1.42 billion current US$ 109.10 million current US$ Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher adjusted savings: carbon dioxide damage, Norway or Sweden?
Norway, at 1.59 billion current US$ against 1.46 billion current US$ in Sweden as of 2021.
What is the difference in adjusted savings: carbon dioxide damage between Norway and Sweden?
123.20 million current US$, with Norway ahead.
How many years of comparable data are there for Norway and Sweden?
32 years are reported by both, from 1990 to 2021.
How do Norway and Sweden rank globally for adjusted savings: carbon dioxide damage?
Norway ranks 67th and Sweden ranks 70th of 209 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Adjusted savings: carbon dioxide damage (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Sweden: Adjusted savings: carbon dioxide damage. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 23 August 2026, from https://economy.statizoid.com/compare/adjusted-savings-carbon-dioxide-damage-current-us/norway/sweden/

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About this data

Indicator
Adjusted savings: carbon dioxide damage (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
209 places, 6,864 data points, 1970–2021
Last refreshed

Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.